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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
cyril evans awaydays
Organ played this card earlier in this thread. Obviously when you are far more knowledgeable and in the know than the medical, scientific and financial communities then a gold, silver and platinum metals trader could not possibly pull the wool over his eyes. I mean whats in it for Greg in trying to panic people with broadly the same message for a decade to get out of the stocks and bonds market and into the commodities he trades in?
https://www.silverdoctors.com/tag/gr...narino/page/2/
I get that you're fond of your dopey nephew, Cyril, but that's a desperate attempt at misdirection.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
the other bob wilson
A very sly chappie who has "got inside your head" it appears.
An incredible 7 of glueys last 10 posts have been about me.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Bitcoin is also getting stamped on today. A 14% decline.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
lardy
An incredible 7 of glueys last 10 posts have been about me.
I'm drawn to your Shakespearean tragic hero character :thumbup:
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
lardy
An incredible 7 of glueys last 10 posts have been about me.
8/11
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
cyril evans awaydays
8/11
at least your not ignored :thumbup:
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Another 'holy feck!' day for, well everything including the perceived safe havens of gold and silver. Other commodities were smoked too as the crude oil price was shellacked for a 10% decline.
US stock markets that jumped 10% last Friday, lost on average 12.5% today. Emergency Federal Reserve measures enacted yesterday evening failed spectacularly. There'll be steam appearing from Greg Mannarino's ears later on.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Here's Greg!
To save Cyril and others 25 minutes viewing time... he says we ain't seen anything yet, three years of Trump stock market gains erased in the past three weeks, more and more freshly counterfeited debt currency units will be thrown at propping the Ponzi up, a too much debt problem cannot be rescued by adding more debt, the virus is being used as an excuse, bankers own everything including politicians and countries through their network of central banks, world government and tyranny is their goal.
I think he's been reading my posts here. :biggrin:
https://www.youtube.com/watch?v=-ljc...ature=youtu.be
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Here's Greg!
To save Cyril and others 25 minutes viewing time... he says we ain't seen anything yet, three years of Trump stock market gains erased in the past three weeks, more and more freshly counterfeited debt currency units will be thrown at propping the Ponzi up, a too much debt problem cannot be rescued by adding more debt, the virus is being used as an excuse, bankers own everything including politicians and countries through their network of central banks, world government and tyranny is their goal.
I think he's been reading my posts here. :biggrin:
https://www.youtube.com/watch?v=-ljcbFBTLa4&feature=youtu.be
You are being suckered by a 32 degree Freemason, Org. This could get you chucked out of the South Glamorgan Illuminati Sports and Social Club I know but don't worry your secret is safe with me!
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Yes, I did know he is one degree away from becoming the mafia equivalent of a made man. Naturally, when I became aware I viewed him with the gravest suspicion. I used to be chummy with a keen Mason at the local lodge who clocked out several years ago. "How old's your grandmother?" is one of the secrets he revealed. That query is one of a number asked to identify themselves as a 'fellow traveller.' He was a Thatcher lover and loathed Geoffrey Howe whom he insisted was definitely a 33rd-er and speculated he was ordered to become Brutus by the UK head honcho, the Duke of Kent.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Yes, I did know he is one degree away from becoming the mafia equivalent of a made man. Naturally, when I became aware I viewed him with the gravest suspicion. I used to be chummy with a keen Mason at the local lodge who clocked out several years ago. "How old's your grandmother?" is one of the secrets he revealed. That query is one of a number asked to identify themselves as a 'fellow traveller.' He was a Thatcher lover and loathed Geoffrey Howe whom he insisted was definitely a 33rd-er and speculated he was ordered to become Brutus by the UK head honcho, the Duke of Kent.
So, how old is your grandmother?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Very predictably stocks are up across the board today after yesterday's hammering because the Federal Reserve and central banks of other countries, all of whom carry an enormous national debt, threw magic money or promised to throw magic money (i.e. more debt) at the crumbling economic and financial systems. The Yanks also pledged to give US citizens $1,000 apiece. Am not sure if it's per adult, household or full time worker. That's better known as helicopter money. As Mannarino correctly stated in the video a few posts above, we ain't seen anything yet. To bring in a new system, a digital money only one, then they must destroy the purchasing power of the US dollar to worthlessness. Once that occurs, because it's the world's reserve currency, then all other currencies will also go to nil because they're derivatives of something that has no value
It'll be those with the greatest percentage of their former wealth tied up in cash and private pension pots who'll be launching themselves from bridges and the sills of high windows.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Very predictably stocks are up across the board today after yesterday's hammering because the Federal Reserve and central banks of other countries, all of whom carry an enormous national debt, threw magic money or promised to throw magic money (i.e. more debt) at the crumbling economic and financial systems. The Yanks also pledged to give US citizens $1,000 apiece. Am not sure if it's per adult, household or full time worker. That's better known as helicopter money. As Mannarino correctly stated in the video a few posts above, we ain't seen anything yet. To bring in a new system, a digital money only one, then they must destroy the purchasing power of the US dollar to worthlessness. Once that occurs, because it's the world's reserve currency, then all other currencies will also go to nil because they're derivatives of something that has no value
It'll be those with the greatest percentage of their former wealth tied up in cash and private pension pots who'll be launching themselves from bridges and the sills of high windows.
Have you thought through your positioning on this yet?
Are you more worried about Option A, Old Morg never really had much credibility anyway but going all in on CoronaVirus spelling global economic doom didn't quite materialise so what does he do for an act now or is it,
Option B, Organ Morgan, the Sage of Sully. If only we had listened to him, alas he went down with the same ship he warned us all not to sail upon?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Cyril, sat there inert and bewildered with mouth agape is not a good look or strategy.
I read elsewhere minutes ago the very long list of countries who are urging their citizens to return home ASAP, the latest being New Zealand. Something's cooking and it smells rancid.
If you didn't care to read the Civil Contingencies Act 2004 I linked to earlier in this thread then I can tell you Joe Soap has no rights when the state trigger emergency powers. I say none because the detail is so nebulous, no doubt deliberately so to be interpreted on the fly.
I'm happy with my positioning. Have been for a dozen years.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Another abysmal day when everything was pounded lower, including sterling, and it happened a day after the US Treasury Secretary, the British Chancellor and other financial bigwigs promised to make 'whatever it takes' and 'unlimited' liquidity/stimulus (yes, soft and cuddly words for debt) measures available. Tomorrow's stock markets futures prices indicate a repeat horror show is odds-on.
In his brief 8-minute summary, our Greg goes further than ever before in the first 90 seconds... bar for some miracle the world's going Mad Max in short order.
https://www.youtube.com/watch?v=RLSmMZ8F_KQ
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Another abysmal day when everything was pounded lower, including sterling, and it happened a day after the US Treasury Secretary, the British Chancellor and other financial bigwigs promised to make 'whatever it takes' and 'unlimited' liquidity/stimulus (yes, soft and cuddly words for debt) measures available. Tomorrow's stock markets futures prices indicate a repeat horror show is odds-on.
In his brief 8-minute summary, our Greg goes further than ever before in the first 90 seconds... bar for some miracle the world's going Mad Max in short order.
https://www.youtube.com/watch?v=RLSmMZ8F_KQ
When you say everything pounded lower, what about the Euro, Dollar, Yen and the Yuan versus Sterling?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
I meant the pound fell against the US dollar, the world's reserve currency. All of them orbit around that one.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
I meant the pound fell against the US dollar, the world's reserve currency. All of them orbit around that one.
I read that some dimwit, predicting the imminent demise of the European Union suggested that the UK was far better placed to manage the contagion enveloping us. Yet in that period the Pound has slipped from 1.20 to 1.06 against the Euro. What do the markets know about the strength of the UK economy now we have got Brexit done and we have control of our sovereign destiny I ask myself.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Countries compete to lower the value of their currencies especially relative to their biggest competitor(s), and from an exporting perspective UK gov will be delighted by sterling's decline against the dollar and euro. Trump banged on for ages for the US Fed to cut interest rates to become more competitive. Amongst those three currencies the UK's 0.25% interest base is the highest. These shenanigans is also known as the race to the bottom.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
cyril evans awaydays
the imminent demise of the European Union suggested that the UK was far better placed to manage the contagion enveloping us.
Imminent? Go back to school and learn how to read! :hehe:
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
cyril evans awaydays
I read that some dimwit, predicting the imminent demise of the European Union suggested that the UK was far better placed to manage the contagion enveloping us. Yet in that period the Pound has slipped from 1.20 to 1.06 against the Euro. What do the markets know about the strength of the UK economy now we have got Brexit done and we have control of our sovereign destiny I ask myself.
You've actually got that completely the wrong way round - European countries withing the Eurozone would be delighted to devalue if they could..
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
A Quiet Monkfish
You've actually got that completely the wrong way round - European countries withing the Eurozone would be delighted to devalue if they could..
Which ones?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
cyril evans awaydays
Which ones?
All of 'em except the Krauts
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
A Quiet Monkfish
All of 'em except the Krauts
Thanks for putting me straight. You will have to excuse my ignorance. There isn't much fact based analysis on here so your explanation is a refreshing change.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
cyril evans awaydays
Thanks for putting me straight. You will have to excuse my ignorance. There isn't much fact based analysis on here so your explanation is a refreshing change.
:hehe:
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
cyril evans awaydays
When you say everything pounded lower, what about the Euro, Dollar, Yen and the Yuan versus Sterling?
The dollar is looking handsome
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
A Quiet Monkfish
All of 'em except the Krauts
interesting
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Countries compete to lower the value of their currencies especially relative to their biggest competitor(s), and from an exporting perspective UK gov will be delighted by sterling's decline against the dollar and euro. Trump banged on for ages for the US Fed to cut interest rates to become more competitive. Amongst those three currencies the UK's 0.25% interest base is the highest. These shenanigans is also known as the race to the bottom.
Not 0.25% now us it ?
Bank of England cuts interest rates to 0.1% to fight coronavirus fallout – business live
There are some crazy moves in the oil market tonight. US crude has closed 25% higher tonight, up $5 per barrel at $25.41, as prices surged back from Wednesday’s slump to a 17-year low.
30 minutes ago*· View more
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Oil shot up on Trump's remarks to intervene in the oil price war; its rise has nowt to do with improving global trade. Major stock indices also rose today on more promises of infinite amounts of free credit being made available.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Oil shot up on Trump's remarks to intervene in the oil price war; its rise has nowt to do with improving global trade. Major stock indices also rose today on more promises of infinite amounts of free credit being made available.
"We are trying to find some kind of middle ground," Trump said during a press conference Thursday at the White House. "It's very devastating to Russia because when you look at it, their whole economy is based on that and we have the lowest oil prices in decades so it's very devastating to Russia."
MAGA!
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
It's playing out as Mannarino stated it would. Humongous amounts of Monopoly money being pledged supposedly to stall an implosion that will deliberately fail. Heroic bankers did everything they could but alas nothing could save the world's monetary system from the effects of an invisible enemy.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Nelsonca61
For neutrality
https://twitter.com/thefix/status/1240764446810746881
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Nelsonca61
Fecking nutters
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Greg Mannarino was on top form over the weekend. The video below he posted last night in response to a Fed Reserve banker speculating the US unemployment rate could jump to 30% in the coming months from its present 4%. He points out the highest US unemployment rate during the 1920s/30s Great Depression was 25%. Today he's bound to have another fit with the Fed announcement that they will provide open-ended QE.
https://www.youtube.com/watch?v=r1KudI7Qpgs
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Another jaw dropping day on the world's stock markets. Not because of how much they fell, which has been the norm of late, but by the degree they shot up. I think the US Dow Jones led the charge by ending the day 11.3% higher, for its best session ever.
From what I can discern the buying stampede was sparked by hopes of yet more stimulus being made available.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Organ Morgan.
Another jaw dropping day on the world's stock markets. Not because of how much they fell, which has been the norm of late, but by the degree they shot up. I think the US Dow Jones led the charge by ending the day 11.3% higher, for its best session ever.
From what I can discern the buying stampede was sparked by hopes of yet more stimulus being made available.
This simply highlights the insanity that seems endemic in stock exchanges everywhere. Who could/would work in such an environment, fuelled by greed and fear? Sadly my hard-saved pension fund is subject to the whims of these guys - it's already lost about £45K in less than a month.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Quote:
Originally Posted by
Gofer Blue
This simply highlights the insanity that seems endemic in stock exchanges everywhere. Who could/would work in such an environment, fuelled by greed and fear? Sadly my hard-saved pension fund is subject to the whims of these guys - it's already lost about £45K in less than a month.
Further evidence of this insanity was provided today by the fact that all 3 main stock indices in the USA rose by about 6%. This despite the number of COVID cases reaching 82,000, the highest for a single country. 1100 deaths. With Easter just 2 weeks away the numbers will surely rocket up in that time. But Mr Trump says it will be back to normal by Easter, so no worries.
Deckchairs on the Titanic comes to mind.
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Re: Coronavirus: overhyped fear-mongering or potential mega doom?
Reality returns as US stock indices slip back down. Trump has found a new scapegoat as he blames General Motors for not making enough ventilators.